AI startups attracted 25% of Europes VC funding

Image for article AI startups attracted 25% of Europes VC funding
News Source : TechCrunch

News Summary

  • Venture funding into Europe is heading for a flat year, but this may obfuscate the fact that European AI startups are thriving
  • 25% of VC funding into the region — approximately $13
  • 7 billion — went to AI startups this year
  • Collectively, European AI companies have doubled in value in just four years, reaching $508 billion
Venture funding into Europe is heading for a flat year, but this may obfuscate the fact that European AI startups are thriving.According to VC firm Balderton Capital and Dealroom, 25% of VC funding [+2478 chars]

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